CBN Has Not Devalued The Naira – Official
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has denied report that the naira has been devalued contrary to a news report on June 1, 2023, titled “CBN Devalues Naira To 630/$1”. In a statement signed by the Acting…
Kogi Ministry Of Culture & Tourism Felicitates With Gaabaidu On His 59th Birthday Anniversary
The Kogi State Ministry of Culture And Tourism has felicitated with the Chairman Igala Area Traditional Council and President of the Kogi State Council of Chiefs, Dr. Mathew Alaji Opaluwa Ogwuche Akpa II (Gaabaidu), on his rewarding 59th birthday anniversary….
CBN Increases Interest Rate For 3rd Consecutive Time
For the third consecutive time Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The CBN governor, Godwin Emefiele, announced the decision on Wednesday after a meeting of the…
TCN Loses 9 Towers Due To Activities Of Vandals, Power Supply Disrupted
The Transmission Company Of Nigeria (TCN) has lost nine towers, from tower 56 to tower 65 along the Papalanto/Abeokuta 132KV transmission line, leading to the disruption of power supply in parts of Ogun State. The towers collapsed due to the…
CNG States Position On Reported Plots Against May 29 Handover, Wants Emefiele, Other Critical Government Officials Stopped From Fleeing Nigeria
The Coalition of Northern Groups (CNG) has said that it is, as usual, worried by “the growing uncertainties created by certain destabilizing forces in the country surrounding the May 2029 transition to a new administration elected through the democratic poll…
N451m For 12 Board Members’ Aides As Senate Passes N876bn NDDC 2023 Budget
Twelve board members of the commission are to get the sum of N451 million as their entitlement for the year, while N576 million was earmarked for running of office of the chairman of the commission, Lauretta Onochie as the Nigerian…
Why I Was On Wheelchair At Airport – Charly Boy Confesses After Peter Obi’s Visit
Nigerian singer & songwriter, television presenter, actor, publisher, activist and producer, Charles Chukwuemeka Oputa popularly known as Charly Boy has revealed real reason he was seen on a wheelchair at the airport. Charly Boy, also known as Area Father was…
Downstream Mining Sector Development: FG Commissions Mopa Gold Processing Plant
The Minister of Mines and Steel Development Arc Olamilekan Adegbite has commissioned the Gold Processing Plant in Mopa, Mopa-Muro Local Government Area of Kogi State, North Central Nigeria on Tuesday 9th May 2023. The Minister pointed out that the informal…
Sustained Project Implementation: TCN Boosts Bulk Power Transmission Through Kano Region
The Transmission Company of Nigeria (TCN) has made undeniable efforts in achieving improved bulk power transmission to the distribution load centers within its Kano Region through continued and sustained project implementation. The TCN’s General Manager, Public Affairs, Ndidi Mbah, in…
Court: Retired General Forfeits Properties, MTN Shares To FG Over N8.5bn Fraud
Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Friday, May 5, 2023, ordered the final forfeiture of eight properties, seven in Abuja and one in Bayelsa State, as well as 30, 000 MTN shares (MTN…
